September 2014 had plenty of shades of grey as compared to the last three months. While Passenger Vehicle Sales did manage to end in green, it was not a convincing performance by any measure.
EMMAAA’s analysts stay worried about the market because of the narrow breadth of the recovery and September dispatches again highlighted major problems at GM India, Renault-Nissan-Datsun, Tata, Ford, Mahindra, and Volkswagen-Skoda.
In other words, the entire industry but for Maruti-Suzuki, Hyundai and Honda. Read More